How Much Money Do You Need For A House Deposit? The minimum deposit lenders will generally accept is 5% of the property value. These are known as 95% mortgages, and if you want to go for one of these your options may be limited. This is because most lenders ask for at least 10% of the property value as a deposit. For example the average deposit for first-time buyers is £43,433, which would be enough to get you a house worth over £430,000 if you took out a 10% deposit. Call Amber Cyman now to discuss buying a waterfront house. Amber Cyman Real Estate 511 E Front St Suite 102 Traverse City, MI 49686 231-944-9979 https://ambercyman.com https://www.google.com/maps?cid=6707706476642726282 https://gmbtool.page.link/UrJG